Arch partners with Anchorage Digital Bank, the first federally chartered crypto bank in the United States, to securely store customer assets. Anchorage Digital Bank is regulated by the Office of the Comptroller of the Currency (OCC) and is the only crypto bank with this federal charter. This provides robust legal and regulatory safeguards, ensuring your assets are stored with the utmost security.
Using Anchorage, Arch offers:
Industry-Leading Security: Anchorage is a federally chartered bank that provides secure storage of assets in cold, bankruptcy-remote trusts. This means your assets are legally protected in case of financial issues with our custodian.
No Rehypothecation: Unlike some other platforms, we do not lend out, use, or rehypothecate your assets in any way. They remain securely stored for the sole purpose of backing your loan. See our article on rehypothecation for more.
Insurance: All assets Arch holds at Anchorage are insured against loss and theft by Lloyds of London.
Advanced Access Controls: Only specific, authorized Arch team members can initiate asset transfers. These transfers require multiple verifications, including video confirmation, making unauthorized access nearly impossible.